The property market within NSW, especially areas close to Sydney has been performing very well. This means it might be a good time to re-finance and re-structure your loan.
Why?
- If your Loan to Value ratio is lower (i.e. the size of your loan compared to the value of your property) you might be in a better position to negotiate a better interest rate with your lender
- You may have excess equity in your property that you can withdraw and use for future investments – this could be your business, another property or shares
- Fixed rates at the moment are at an all-time low – it might be a chance to re-do your loans and lock in a low rate to create some cash flow security moving forward
- There may be a better loan for you now – new products are always released and there might be one that is more suitable
If you want a complimentary loan review, just contact us and we are happy to get a valuation on your property and provide you with some loan advice. Best of all, it costs you nothing.